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(USA) Caraustar Industries has announced that sales from continuing operations for the fourth quarter ended December 31, 2007 were $203.9 million compared to sales of $203.0 million for the same quarter in 2006... read more »
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(Sweden) To meet rising demand, SCA is investing to boost its capacity in the European incontinence care segment and the tissue segment in Latin America. SCA will also invest in an automatic sorting system at the sawmill in Tunadal. read more »
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(Canada) The Saskatchewan Party government announced Thursday it has presented a proposal to forestry company Domtar to get the closed Prince Albert Pulp Mill up and operating again. read more »
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(USA) Moody's Investors Service has upgraded Packaging Corp of America's (PCA) senior unsecured debt ratings to 'Baa3' from 'Ba1', reflecting the company's strong and sustained operating and financial performance and expectations that the trend will continue in the foreseeable future. read more »
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(USA/Canada) Pulp-and-paper giant AbitibiBowater Inc. has said that the two-year downswing in North American newsprint demand is slowing and producers are determined to keep prices rising through mid-year... read more »
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(Russia) ”The Russian market is extremely exciting and this venture is fully in line with SCA’s expressed ambition to expand in Eastern Europe, one of our designated growth markets,” says Jan Johansson, President and CEO of SCA. read more »
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(US/Canada) Boise has decided to stop using wood fibre from a northwestern Ontario forest that has been the subject of a long-standing First Nations dispute, a decision hailed by aboriginals and environmentalists... read more »
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(USA) A federal judge has given Pope & Talbot interim approval to extend its $89 million bankruptcy loan through April 4, 2008. read more »
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(Canada) Tembec has received the SILVER medal as the Most Environmentally Progressive Vendor at the Third Annual Environmental Printing Awards (EPA) ceremony held in Toronto on February 27, 2008... read more »
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(USA/Canada) AbitibiBowater Inc. has reported a net loss for the fourth quarter 2007 of $250 million, or $5.09 per diluted share, on sales of $1,491 million. These results compare with a net income of $107 million, or $3.58 per diluted share, on sales of $861 million for the fourth quarter of 2006. read more »
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(USA) Struggling paper and wood products company AbitibiBowater Inc. has said that it has successfully amended the credit facilities for its Bowater Inc. subsidiary. read more »
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(Belgium) The Confederation of European Paper Industries (CEPI) welcomes the publication of the Communication on forest-based industries which formalises a clear strategy for the growth of the forest based sector in Europe and recognises the importance of the sector in contributing to the mitigatio read more »
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(India) Newsprint manufacturers are planning a 15 per cent hike in prices from the next quarter to pass the pressure of rising cost of inputs like pulp, coal and chemicals. Newsprint prices are revised on a quarterly basis and the current quarter has seen companies raising prices... read more »
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(India) The country's oldest handmade paper mill/institute in Pune that provided paper for the first edition of Indian constitution is struggling for survival. read more »
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(South Africa) Mondi delivered a substantial improvement in financial performance with underlying operating profit up 33%, underlying earnings per share up 74% and return on capital employed up by 2.5 percentage points to 10.6%... read more »
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